Mortgage Rates in New Hampshire: Today's Averages & 2026 Outlook
New Hampshire 30-year fixed rates are running around 6.87% — roughly 2 bps above the national average of 6.85%. Here's how NH rates stack up, what drives the spread, and the programs that can price you lower.
Today's New Hampshire rates by loan type
Estimates for New Hampshire based on the current national 30-year average of 6.85% plus the state's typical spread (+2 bps). Live national rate sourced daily from Freddie Mac PMMS via our rate feed. Your actual quote will depend on your credit, down payment, and lender.
What drives New Hampshire mortgage rates
National rates set the floor — Freddie Mac's weekly PMMS average is the benchmark almost every New Hampshire lender starts from. But NH typically prices about 2 basis points above that national average because of three local dynamics: the mix of loan types written in the state, lender density and competition, and how expensive the state is to close in.
Loan mix. Conventional dominant; jumbo share elevated in seacoast towns. The mix matters because FHA, VA, and USDA loans price differently than conventional — states with heavier government-loan share tend to show tighter buyer rates but higher fees.
Median loan size. The typical New Hampshire loan is around $415,000 on a $465,000 home. That size sits well inside conforming loan limits, so most NH buyers get standard agency pricing.
Refi activity. Refi share is small — most owners sit on pandemic-era sub-4% rates.
What a typical New Hampshire payment looks like
| Line item | Estimate |
|---|---|
| Median home price | $465,000 |
| Median loan amount (typical LTV) | $415,000 |
| 30-yr rate (state avg) | 6.87% |
| Monthly principal & interest | $2,725 |
| Est. full PITI (add ~30% for taxes/insurance) | ~$3,543 |
Directional math for New Hampshire in 2026. Add property taxes, homeowners insurance, PMI (if putting less than 20% down), and any HOA dues for a full monthly cost. Our mortgage calculator lets you plug in your exact numbers.
What's unique about financing in New Hampshire
What most NH borrowers use
Conventional dominant; jumbo share elevated in seacoast towns.
Below-market NH rate options
NH Housing Home Flex Plus pairs a competitive rate with 3% DPA (grant, not repayable).
Is a refi worth it in NH?
Refi share is small — most owners sit on pandemic-era sub-4% rates.
Rate + grants + closing costs
A below-market rate is only one lever. Stack it with NH down-payment assistance and seller-paid closing costs. See NH grants → · NH closing costs →
Get matched with a New Hampshire lender — free
We'll match you with vetted NH lenders competing for your loan. Compare real Loan Estimates side-by-side — the same New Hampshire buyer can save $2,000–$5,000+ over the life of the loan by shopping three quotes.
New Hampshire mortgage rates: FAQ
What is today's mortgage rate in New Hampshire?▾
The average 30-year fixed mortgage rate in New Hampshire is around 6.87% — roughly 2 bps above the current national average of 6.85%. 15-year fixed loans run about 6.12%, FHA around 6.62%, and VA around 6.52%. Your actual rate depends on credit score, down payment, loan type, and lender competition — always compare Loan Estimates from at least three lenders.
How do New Hampshire mortgage rates compare to the national average?▾
New Hampshire rates typically sit slightly above (about 2 bps higher than) the US 30-year average. The spread reflects local lender competition, loan mix (conventional dominant; jumbo share elevated in seacoast towns.), and state-level closing-cost dynamics.
What monthly payment can I expect on a New Hampshire home?▾
On the median New Hampshire loan of $415,000 at 6.87% for 30 years, principal and interest run about $2,725/month — before property taxes, homeowners insurance, and (if applicable) PMI or HOA dues. Add roughly 25–35% to that P&I number to estimate a full PITI payment.
Are there special first-time homebuyer rate programs in New Hampshire?▾
Yes. NH Housing Home Flex Plus pairs a competitive rate with 3% DPA (grant, not repayable). These state-agency programs typically pair a below-market rate with down payment assistance — worth comparing against a standard conventional loan before locking.
Should I refinance my New Hampshire mortgage right now?▾
Refi share is small — most owners sit on pandemic-era sub-4% rates. The break-even math: divide your total refi closing costs by your monthly payment savings — if you'll stay in the home longer than the payback period, refinancing pays off. Our free Refi Optimizer runs the numbers for you.